Whilst a residential property valuation is a personal matter, a commercial property valuation is strictly business. Therefore, a commercial valuation is based on different factors including how the property is used, the actual annual income and potential annual income, the market sentiment towards that type of property and recent sales in the area. Other market factors our commercial Valuers review include:
Job advertisements. A lot of job advertisements indicates a strong commercial sector and therefore higher prices;The presence of cranes. When there are several cranes visible on the skyline that indicates a thriving market;The strength of the mining industry;Population growth;The quality of life in the area, also referred to as a “Human Development Index”.
Our expert property Valuers complete property valuations for individual business owners, major corporations, government entities and property developers/investors. We can review a single property or your entire portfolio.
Valuations TAS extensively researches the commercial property market and capitalises on our access to property information from the best property databases and we also talk to local real estate agents to find out about recent sales or other intelligence that influences the value of the commercial property.
We treat all our property valuations with the same dedication and commitment no matter how big or small the job is.
Our commercial property Valuers complete property valuations for a range of purposes such as:
Pre-purchase or pre-sale advice;Negotiating a property settlement;Estate matters including Probate tax;Stamp duty or Capital Gains Tax purposes;Rent review;Compulsory acquisition.
Commercial property valuations are different to other types of valuations and require specialised knowledge and expertise. Each of our commercial property Valuers has the specialised knowledge required to finalise commercial property valuations. That ensures you’ll receive a detailed and accurate valuation. Our commercial valuation reports are 15-25 pages and as they are sworn legal documents they are accepted by banks, lawyers and in courts.
We are committed to providing high quality valuations at an affordable price with a quick turnaround. In most cases a valuer can inspect your property within 48 hours of your enquiry and then send the completed report back to you within 3-5 business days.
To chat about your commercial property valuation needs, give us a call on (03) 6169 2559.